EURUSD H1 facing bearish pressure below pivot where we may potentially see a drop towards the 1st support level, in-line with 78.6% Fibonacci retracement and 200% Fibonacci extension. If price bounce from the pivot, we may see it swing towards 1st resistance, in line with 38.2% Fibonacci retracement and 127.2% Fibonacci extension.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/eurusd-h1-below-pivot-potential-for-drop"
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